READING, PA – May 10, 2013 – Fidelity Technologies Corporation was ranked as one of the top 50 businesses in Greater Reading as recognized by the Greater Reading Chamber of Commerce & Industry (results tabulated by Herbein + Company, Inc.). This year marks the Chamber’s eighth year ranking high performing businesses according to significant revenue growth over the past three years, taking into account both percentage and dollar growth.
David Gulati, President of Fidelity commented, “In spite of a softening Defense and Aerospace market, we are pleased to have continued to attain revenue growth since 2010. The current market conditions have increased the intensity at which our company pursues new business and combined with diversification of products and services, Fidelity continues our record of success.”
A privately held company, headquartered in Reading, PA, Fidelity employs personnel worldwide. The defense contractor provides international defense solutions with a focus on Simulation and Training Systems, Field Training Support Services, Mobile Electric Power Products, Armor Upgrade Kits and Contract Manufacturing. Fidelity is a family business founded in 1987. Over two decades later, the family’s second generation continues to position the enterprise as a major player in the industry while maintaining a family business culture.
“As we continue to grow, we are proud of the positive influence we have had on our local community. Throughout the company, there is an ongoing commitment to achieve the highest standards in our drive for continuous improvement. I have exceeding confidence in our team’s ability to rise above any external challenges as we focus on the future with great anticipation,” praises David Gulati.
Fidelity has built a strong reputation in the defense industry and years of dedication to customer satisfaction have certainly paid off, as noted by this special achievement. The “Top 50” award acknowledges that Reading businesses are making significant contributions to the vibrancy of the local economy throughout Greater Reading and Berks County. For these reasons, Fidelity is equally as enthusiastic and appreciative to be on the list again this year as they were in 2010 when the company ranked #1.